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CapLease to redeem series A preferred stock via new offering proceeds
By Tali David
Minneapolis, Jan. 16 - CapLease, Inc. plans to use the proceeds of its preferred stock offering for general corporate purposes, which are expected to primarily include the repurchase or redemption of its series A preferred stock, according to a press release.
CapLease is a New York-based real estate investment trust that primarily owns and manages single-tenant commercial real estate properties.
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